10x Research: Caution Needed for Bear Trap Risks Despite Short-Term Bitcoin Rebound
Odaily reported that 10x Research released its latest analysis, pointing out that the current bitcoin trend needs to distinguish between short-term tactical structure and medium-term trend context. The report stated that although some trading opportunities are emerging, the market still needs to comprehensively evaluate the risk-reward ratio based on positions, volatility, ETF capital flows, and technical indicators, in order to avoid misjudging a temporary rebound as a trend reversal.
The report also mentioned that its previous trading strategy around Circle achieved approximately 55% returns within 10 days. 10x Research indicated that it will judge whether the current trend is a bottom-building process or a rebound in a larger adjustment phase through derivatives positions, volatility structure, and capital flow data.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Subscription multiplier reaches 4 times! "AI Ring" Oura IPO receives enthusiastic response
Smart ring manufacturer Oura's IPO was oversubscribed by approximately four times, planning to issue 50 million shares at a maximum price of $44 per share, aiming to raise up to $2.2 billions, with a fully diluted valuation of about $15 billions. Against the backdrop of companies like Holtec Nuclear withdrawing their IPO plans due to market conditions, Oura is expected to become the first major IPO in nearly three months to raise over $1 billion, injecting new vitality into the long-dormant U.S. IPO market.
The Bank of Japan's interest rate hike still fails to impress the market! Hedge funds slash yen long positions by nearly 80%, while dollar long positions increase significantly
After the Bank of Japan failed to deliver a clear enough signal of further interest rate hikes to the market, hedge funds have significantly reduced their bullish bets on the yen.
US Treasury yields continue to rise! Cleveland Federal Reserve President: Government and AI compete for funds, fueling rate hike expectations
Cleveland Federal Reserve President Loretta Mester stated on Friday that the recent sustained rise in long-term U.S. Treasury yields is the result of multiple factors working together.
Crypto prices
More
